![]() Shares of Dropbox were up nearly 5% in premarket trading on Friday at $25.95. Houston acknowledged the impact of the challenging economic landscape on purchasing decisions, particularly affecting Teams customers and pressuring growth in DocSend and Sign businesses. Its non-GAAP net income of $174 million rose from $138.1 million in the same period last year.ĬEO Drew Houston revealed plans to unveil a series of AI products, emphasizing responsible use. The company also reported a healthy increase in average revenue per paying user at $138.94 compared to $133.34 in the same period last year. Dropbox, a service that allows documents to be stored online and shared and. Revenue also grew by 9% to $622.5 million, exceeding analyst projections of $613.6 million.ĭropbox's paying user base expanded to 18.04 million, an increase of 3.9% from the same period last year. Common stock is typically held by the founders, employees, and sometimes. The company reported earnings of $0.51 per share, surpassing Wall Street's estimate of $0.45 cents per share. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.Ĭontent collaboration vendor Dropbox Inc (NYSE:DBX) reported robust 2Q earnings that came in above its projected metrics. Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Dropbox and (NASDAQ:MNDY) are both mid-cap computer and technology companies, but which is the better stockWe will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, community ranking, profitability and media sentiment. Whether your customers are entrepreneurial small businesses or they lead a large, complex team, Dropbox helps their work flow better. ![]() This is content that excites and engages motivated private investors. Dropbox partners include resellers and technology companies that have customers in media and design, technology, construction, and education (along with many others). ![]() We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience.
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